CMA CGM Updates Freight Rates Worldwide

58

CMA CGM, the French carrier, has announced Freight All Kinds (FAK) rates effective from 1 July 2024, for shipments originating from North Europe, West Mediterranean, East Mediterranean, Black Sea, and Baltic regions to Australia and New Zealand, reports Container News.

20’ST40’ST/HC20’RF40’RF/RH
North Europe to Australia*US$1,873US$3,746US$3,255US$4,950
North Europe to New Zealand**US$1,735US$3,250US$2,975US$4,550
Mediterranean to Australia**US$2,075US$4,150US$3,465US$5,250
Mediterranean to New Zealand**US$1,775US$3,550US$4,525US$7,050

 

These rates represent a Rate Restoration of US$525 per TEU on existing rates.

Freight rates

The FAK rates will apply to all types of cargo, including special equipment like In gauge and OOG, until further notice.

Furthermore, CMA CGM has notified its customers about the Peak Season Surcharge (PSS), which will be effective from 3 July 2024 (loading date) until further notice.

The surcharge will apply to shipments originating from Asia, including China, Taiwan area, Hong Kong & Macau SAR, South East Asia, South Korea & Japan, and destined to Puerto Rico & the US Virgin Islands.

This PSS will be applied to all types of cargo, with an amount of US$2,000 per container.

In addition, CMA CGM announced a new PSS effective from 1 July 2024 (loading date) until further notice. This surcharge applies to shipments originating from the Indian Subcontinent and destined for the US West Coast.

It applies to all types of cargo, with the following amounts: US$2,160 per 20′ container (all types), US$2,400 per 40’/40’HC container (all types), US$2,400 per 40’RF container, and US$3,040 per 45′ container (all types).

Also, the firm announced PSS originating from Europe to the Gambia.

CMA CGM has issued a notice to its customers regarding the implementation of Peak Season Surcharge (PSS), effective from 15 June 2024 (loading date) until further notice.

The PSS will apply to shipments originating from various regions:

Originating from North Europe (including Baltic & Scandinavia), West Mediterranean, Adriatic, North Africa, Greece, Cyprus, Malta & Syria and destined to the Gambia. This PSS will apply to dry cargo, with an amount of US$522 per container, payable with freight.

Another PSS will be applicable to shipments originating from the UK and destined for the Gambia. The cargo will be dry, with an amount of US$530 per container, payable with freight.

Additionally, a PSS will be implemented for shipments originating from Turkey, Egypt Med & Lebanon and destined to the Gambia. This PSS applies to dry cargo with an amount of US$600 per container, payable with freight.

Moreover, CMA CGM announced a new PSS from Europe to West Africa (the Gambia excepted).

CMA CGM has issued a notice to its customers regarding the implementation of Peak Season Surcharge (PSS), effective from 15 June 2024 (loading date) until further notice.

For shipments originating from North Europe (including Baltic & Scandinavia), West Mediterranean, Adriatic, North Africa, Greece, Cyprus, Malta & Syria and destined for Angola, Benin, Cameroon, Cape Verde, Côte d’Ivoire, DRC, Equatorial Guinea, Gabon, Ghana, Guinea Bissau, Guinea, Liberia, Mauritania, Namibia, Nigeria, Congo, Sao Tome & Principe, Senegal, Sierra Leone, and Togo, a PSS of US$217 per container will be applied to dry cargo, payable with freight.

Another PSS will be applicable to shipments originating from the UK and destined for the same destinations mentioned above. The cargo will be dry, with a PSS amount of US$224 per container, payable with freight.

In addition, CMA CGM has communicated an update regarding the Peak Season Surcharge (PSS) to its customers, effective from 15 June 2024 (loading date) until further notice.

This update applies to shipments originating from Turkey, Egypt Med & Lebanon, involving dry cargo. The PSS amount for this category is US$400 per container, payable with freight.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: Container News

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.